Are the sliders (shadows/highlights) in Adobe Camera Raw affecting the device-dependent data before transformation to device-independent color space, or does this transformation happen after the input data was already converted to a device-independent working space?
If the latter, does the TRC of the input->independent conversion matter for the correct functionality of the sliders? In other words, do they expect a delinearized camera input profile?
I would be interested in creating a flat input profile for my camera, for example using DCamProf, but before going through all that effort I'd like to know if Adobe Camera Raw would be confused by a flat TRC.